Shareholders in Brazil's Petrobras have elected Jos? Mauro Coelho to the firm's board, according to a source with direct knowledge of the matter, paving the way for the government technocrat to take the helm of the state-run oil company.
The activist investor that pushed to oust Peloton Interactive Inc's co-founder and leader in January is now criticizing its new chief executive officer, arguing he has not made enough changes and that the company should be sold now.
Executives from the giant bank said households and businesses generally remained in good shape amid a tightening labor market.
The Benetton family and investment fund Blackstone are talking to banks to put the final touches to a bid for Italy's Atlantia, sources said on Wednesday, as the two get ready to launch one of this year's biggest takeover deals.
Stellantis Chief Executive Carlos Tavares on Wednesday took a bullish stance on the U.S.
Suspect faces terror charge over New York subway shooting
French prosecutors raid pizza plant after E.coli outbreak
JPMorgan Chase profits fall 42%; warns of hit from inflation, Ukraine
Real Madrid forward Karim Benzema earns around $195,089 every week.
Palestinian rights lawyer killed in Israel West Bank clashes
Argentina's monthly inflation rate soared to 6.7% in March, the government said on Wednesday, far above forecasts and the highest level in two decades as spiraling food and fuel prices dent the value of salaries and savings.
Wall Street rallied to end higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results.
Wall Street headed higher on Wednesday, powered by a rebound in market-leading growth stocks as investors digested hot inflation data and a mixed bag of quarterly earnings.
Delta Air Lines Inc on Wednesday forecast returning to profit in the current quarter, after posting a smaller-than-expected quarterly loss, on the back of a booming travel demand, sending its shares higher.
Delta Air Lines Inc on Wednesday posted a smaller-than-expected quarterly loss and forecast returning to profit in the current quarter on the back of a booming travel demand, sending its shares higher.
Delta Air Lines Inc on Wednesday reported a quarterly loss, but forecast a return to profit in the current quarter as airline travel demand reaches record heights.
Russian gas stop promises 'sharp recession' for Germany
BlackRock Inc showed assets under management back below $10 trillion, hurt by the market rout in the first quarter, and cautioned that fees could come under pressure over the rest of the year because of volatile markets.
BlackRock's executives told analysts on Wednesday that the firm's diversified business model should help it weather a challenging environment for asset managers this year, but said fee income could suffer.
Yen drops to 20-year low against dollar
China's top offshore oil and gas producer CNOOC Ltd.
BlackRock Inc plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff accordingly, two people with direct knowledge of the matter told Reuters.
China's imports fall as Covid outbreaks, lockdowns hit demand
Britain's GlaxoSmithKline sought to bolster its cancer business on Wednesday by agreeing a $1.9 billion deal to buy U.S.
Tesco, Britain's biggest retailer, warned of a drop in profits this financial year as surging inflation piles pressure on the supermarket group and its customers alike.
Endangered pangolins get fresh chance in S.African clinic
The Bank of Japan (BOJ) will not introduce a digital yen as a means to achieve negative interest rates, an idea sometimes discussed in academic circles, a senior central bank official said on Wednesday.
Iliad is considering buying into Telecom Italia's (TIM) domestic consumer services operations as part of the French phone group's push to strengthen its Italian business, two sources familiar with the matter said.
Biden gives 'crime scene' Ukraine $800 mn to hold off Russia
Tattoos embellish scars, heal wounds in Brazil